(26 March 2010 – USA) Deutsche Bank has appointed Michael Durr as managing director and global head of central bank sales.Based in London, Mr Durr will be responsible for handling relationships with other central banks across the world and will report to Haroon Sana, global head of rates sales.
Deutsche Bank’s ability to structure, execute and risk manage large transactions makes the firm a natural choice for many of the world’s leading financial institutions and corporates, said Michele Faissola, Head of Global Rates and Global Commodities.
Adding Michael to the team will improve the bank’s ability to service its central bank client base across different regions and therefore significantly enhance the sales offering, Ms Faissola added.
Joining the bank mid-year, Mr Durr is moving from Morgan Stanley where he was Global Head of Multi-Product Sales to Central Banks.